Monday, May 21, 2007

Evergrid Gets $10M

Fremont-based Evergrid, a firm developing software targeted at the enterprise data center, said this morning that it has raised $10M in a Series B funding. The funding was led by Menlo Ventures, and also included prior investor Acartha Group LLC. Evergrid develops software used for managing data center systems. The company's products are focused on grid computing and clustered management of computing resources. More information »